Articles from www.ft.com

Articles from www.ft.com

Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals (www.ft.com)
10 days ago AI

Sources: Uber has increased its stake in Delivery Hero to ~37% by acquiring Aspex Management's 14.6% share at a €12B valuation, after a takeover offer last week (www.ft.com)
11 days ago Uber

Sources: software-specialist PE firm Hg agrees to acquire Rightsline, whose software helps Disney, the BBC, WBD, and others manage IP licensing, for $500M (www.ft.com)
11 days ago

Filing: Monzo reports its “refer a friend” payouts grew 40% YoY to £29.5M for the 12 months ending March 2026, as part of a broader £143M marketing spend (www.ft.com)
12 days ago

Spotify co-CEO Alex Norström defends the company's expansion into AI-generated music, arguing that “controlled” products are superior to unregulated AI “slop” (www.ft.com)
12 days ago AI Spotify

Sources: ByteDance is offering low-priced stock options linked to growth in its Seed AI division to staff of the unit, a first, to fend off poaching from rivals (www.ft.com)
12 days ago AI

Sources: Uber weighs a higher bid after it approached a major Delivery Hero shareholder with a €38-per-share bid, valuing the group at €11.5B+, but was rebuffed (www.ft.com)
14 days ago Uber

The ECB summons Eurozone banks to a meeting on Tuesday to discuss risks posed by the latest AI models and hopes US banks with Mythos access will share lessons (www.ft.com)
14 days ago AI

Sources: Princeton Digital Group to sell its Chinese data center assets for as much as $1B, capping global buyout firms' retreat from China's data center market (www.ft.com)
14 days ago China Asset

Crypto companies prepare for the threat that quantum computers could hack core industry security, including breaking the critical code underpinning Bitcoin (www.ft.com)
14 days ago Bitcoin Quantum

The Trump administration plans to require most green card applicants to return to their home countries to apply, which could adversely impact tech workers (www.ft.com)
15 days ago Trump

Document and sources: China banned Nvidia's RTX 5090D V2 chip, aimed at gamers and animators, while Jensen Huang was visiting China with Donald Trump last week (www.ft.com)
18 days ago Trump China Nvidia

Q&A with Harvey CEO Winston Weinberg on launching the legal AI startup in 2022, how AI could shake up law firm business models, legal AI competition, and more (www.ft.com)
18 days ago Startup AI

Filing and sources: PE firm Hg has spun out €500M worth of assets from its €19B software group Visma, whose London IPO remains shelved amid the “SaaSpocalypse” (www.ft.com)
18 days ago IPO Asset London

Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage (www.ft.com)
19 days ago AI

Sources: Demis Hassabis was an angel investor in Anthropic; PitchBook and Dealroom: former DeepMind researchers founded 12+ companies since 2021, raising $14B+ (www.ft.com)
19 days ago

Sources: Anthropic agrees to brief the Financial Stability Board on global financial system vulnerabilities found by Mythos, following a request by FSB's Chair (www.ft.com)
20 days ago

Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing (www.ft.com)
21 days ago

Sources: DayOne, the spinoff of China's largest data center operator GDS Holdings, plans dual IPO in Singapore and NY, seeking to raise $5B at a ~$20B valuation (www.ft.com)
21 days ago China IPO Singapore

King's Cross, where Google's new UK HQ is due to open later this year, has become London's new tech, VC, and AI hub, attracting OpenAI, Anthropic, and others (www.ft.com)
21 days ago Google AI London

Professional services firm EY has withdrawn a study on loyalty rewards programs after researchers at GPTZero found apparent AI hallucinations and fake footnotes (www.ft.com)
23 days ago AI

Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate content within 24 hours, following a probe (www.ft.com)
23 days ago

London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January (www.ft.com)
23 days ago Startup AI London

Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round (www.ft.com)
23 days ago

Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers (www.ft.com)
24 days ago Energy AI Battery Ford

Sources: the Trump administration is quietly debating whether to ban Chinese cellular modules, as the US FCC takes measures to reduce Beijing's security threats (www.ft.com)
24 days ago Trump China Ban

Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments (www.ft.com)
24 days ago Energy Climate

SoftBank reports Q4 net income up 3x to ~$11.6B, above ~$1.5B est., driven by a $25B gain in its OpenAI stake; by October, its OpenAI investment will hit $64.6B (www.ft.com)
25 days ago 4Q

Q&A with Amazon head of devices and services Panos Panay on Alexa+, the company's focus on devices for the home, the Leo satellite broadband business, and more (www.ft.com)
25 days ago Amazon

China's move to block Meta's Manus acquisition challenges the “Singapore washing” model, as major Chinese tech companies build significant Singapore presences (www.ft.com)
25 days ago China Singapore

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